(Yicai Global) Aug. 29 -- Co-founded by Aero Engine Corp. of China (AECC) and Nanchang Hangkong University, China's first aircraft engine academy has formed in Nanchang, in China's south-central Jiangxi province.

 The two struck a strategic cooperation agreement yesterday. Li Li, vice governor of Jiangxi province, and Luo Ronghuai, deputy general manager of AECC, together unveiled the aircraft engine academy.

 "The two sides reached a strategic consensus on university-enterprise cooperation," Luo said, "AECC will work with Nanchang Hangkong University to build the aircraft engine academy and cultivate high-end talents in the field, and actively explore the industry-school-research cooperation model."

 AECC is an ultra-large state-owned enterprise in China. It has more than 20 subordinate enterprises and institutions, and owns three companies listed on the A-share main board. With nearly 100,000 employees, including six academicians and more than 200 national-level experts and scholars, it has built up a national defense science and technology laboratory to internationally advanced levels.

 Established in 1952, Nanchang Hangkong University is an institution of higher education jointly founded by Jiangxi's provincial government and the State Administration of Science, Technology and Industry for National Defense. It features aeronautical design and engineering, aircraft power engineering, aircraft manufacturing engineering and other aviation specialties.